SPARQ Systems (TSXV:SPRQ) Construction In Progress: C$0.00 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:SPRQ SPARQ Systems Inc TSXV:SPRQ
53 GF Score
Price C$1.22
GF Value C$1.13
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is SPARQ Systems Construction In Progress?

SPARQ Systems TSXV:SPRQ 53 Construction In Progress is C$0.00 Mil as of Mar. 2026. GuruFocus rates TSXV:SPRQ with a GF Score™ of 53/100 and a GF Value™ of C$1.13 (Fairly Valued). The stock has 1 warning sign investors should review.


SPARQ Systems Construction In Progress Historical Data

* Premium members only.

The historical data trend for SPARQ Systems's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SPARQ Systems Construction In Progress Chart

SPARQ Systems Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

SPARQ Systems Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
TSXV:SPRQ
53GF Score
SPARQ Systems Inc TSXV:SPRQ
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SPARQ Systems Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of C$0.00 Mil mean?
SPARQ Systems (TSXV:SPRQ) has a Construction In Progress of C$0.00 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on SPARQ Systems and its competitors.
Is SPARQ Systems' Construction In Progress too high?
SPARQ Systems' current Construction In Progress is C$0.00 Mil. Overall, SPARQ Systems has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SPARQ Systems' Construction In Progress compare to VRT and BE?
SPARQ Systems' Construction In Progress of C$0.00 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for an Industrial Products company?
A good Construction In Progress depends on the Industrial Products industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on SPARQ Systems and its competitors. SPARQ Systems's current Construction In Progress is C$0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPARQ Systems stock overvalued right now?
Based on GuruFocus' analysis, SPARQ Systems (TSXV:SPRQ) is currently considered Fairly Valued. The stock's GF Value™ is C$1.13, compared to a current price of C$1.22 — trading 8% above its estimated fair value. The current Construction In Progress is C$0.00 Mil. SPARQ Systems' overall GF Score™ is 53/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For SPARQ Systems (TSXV:SPRQ), the current Construction In Progress is C$0.00 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SPARQ Systems (TSXV:SPRQ) Overvalued in 2026?

Based on GuruFocus' analysis, SPARQ Systems stock appears to be overvalued. The current stock price of C$1.22 is trading 8% above its estimated GF Value™ of C$1.13. GuruFocus considers SPARQ Systems to be Fairly Valued.

Key valuation signals for TSXV:SPRQ:

  • Construction In Progress: C$0.00 Mil
  • GF Value™: C$1.13 vs. price of C$1.22 (8% above fair value)
  • GF Score™: 53/100 with 1 warning sign

No single metric tells the full story. See the TSXV:SPRQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SPARQ Systems Business Description

Other Exchanges SPRQF:USA
Address Innovation Park, 945 Princess Street, Box 212, Kingston, ON, CAN, K7L 0E9
SPARQ Systems Inc designs and manufactures next generation single-phase microinverters for residential and commercial solar electric applications. The company has developed a proprietary photovoltaic (PV) solution called the Quad; the Quad inverter optimizes four PV modules with a single microinverter, simplifying design and installation, and lowering cost for solar power installations when compared to existing market offerings. Its products include Quad2, Quad3, Q1200 Microinverter, SparqLinq, SparqVu, and SparqSync. The company derives revenue from the sale of hardware, including microinverters and their associated peripherals.
53GF Score

Get the complete analysis for TSXV:SPRQ

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$1.22
Price
C$1.13
GF Value